I would imagine most buy and hold investors in the midwest/rust belt area are also making good cash flowing returns with positive income after depreciation.

It sounds like you've already got some experience under your belt.

Thanks Ray and your right i did go in blind and i would appreciate scripts,checklist whatever your willing to share gonna slow it down and get some more knowledge under my belt,thanks again for responding. 

@Marco Santarelli  the Morris/Oceanpointe is some of the worse I have seen since I started funding this stuff in 2002.. 3000 plus transactions under my belt.. and this one just is over the top.. yet you still see people get on a long thread of a few hundred post with 10 or 15 post of actual buyers that bought homes that either were never touched or if rehabbed so poorly as to not be funny etc etc.. and the post at the end Is Hey I have my call with them what do you think  LOL..

Originally posted by @George Blower:@Pradeepan Venukanthan1.

I do think he provides value to my business and definitely want to keep him in my tool belt.

Outside of gas and time you could get a lot of experience for $50-100.If you can get a deal under your belt then you can start investing more money into direct mail marketing, pay per click, etc

Once you get started and have some deals under your belt, it will get easier.

Starting off with small achievable goals and getting a few positive experiences under your belt before setting big goals worked for me although I can't say that was my strategy from the beginning, but it worked out that way.

I figure having at least one property under my belt would aid me in building those relationships.